CWP Analysis: H1 FY26 Results Update
I'm sharing this to showcase that while slim, incorrect research commentary can still be generated by AI. I would like to think that my framework is freaking tight by now. Positively, it has been a while since I've come across a flawed report - considering the number of updates I process, I would say that this margin for error is still acceptable.
Either way, it is funny to think of the AI model being some sort of time traveler :)
Corrected update to come shortly.
Event: H1 FY26 Results Update | Date: 2026-01-17 | Source: ASX Announcement
Guidance Upgraded on Record Presales and Pricing Strength
Cedar Woods Properties released its H1 FY26 results update on 17 January 2026, upgrading full-year FY26 NPAT growth guidance to "at least 20%" from the previous 15%, driven by strong first-half performance and favorable market conditions. Presales surged 36% year-over-year to $763 million, providing visibility for 90% of projected FY26 settlements and 40% of FY27, with management noting that full-year price growth expectations were achieved in the first half. The update highlighted accelerated project delivery in some developments, supported by supply shortfalls, low unemployment, and government homebuyer incentives, while earnings are expected to be weighted toward the first half. No specific financial metrics for H1 were disclosed, but the announcement emphasized sustained sales volumes and pricing amid national housing shortages. Source: ASX Announcement.